Property Overview: 378 Inglewood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, presents a classic character property with practical considerations. Its key appeal lies in its position as a modestly-sized, historically grounded home in the King Edward neighbourhood. With 931 sqft of living space and an unrenovated basement, it offers a straightforward footprint that could suit a first-time buyer, an investor, or someone seeking a lower-maintenance base in the city.
The home’s assessed value is notably below averages for the street, neighbourhood, and city, suggesting a potentially accessible entry point into the market. While the lot is smaller than most in the area, this can translate to less yard upkeep. Its living area is quite typical for similar homes on Inglewood Street, indicating it fits the local scale. The property would likely suit a pragmatic buyer who values location over size, is comfortable with a home that has a history and may need updates, and is looking for a cost-effective option without the premium of a larger, modern lot. A thoughtful perspective is that its below-average metrics across the city might not be a drawback but rather a marker of a home that has been insulated from the steepest price climbs, offering a different kind of value based on essentials rather than comparison.
Section 2: Frequently Asked Questions
1. Is the basement finished or usable for living space?
No, the basement is noted as being unrenovated. It provides functional space for utilities and storage but is not a finished living area.
2. How does the property’s value compare to others nearby?
The home’s assessed value is below the average for both Inglewood Street and the wider King Edward neighbourhood. This is a consistent trend, as indicated by its sale prices in 2020 and 2024 also falling below local averages.
3. What does the "one-and-a-half storey" design typically mean?
This style often features a main floor with principal rooms and a second floor with sloped ceilings (following the roof line), which may contain bedrooms or additional living space. It's a common architectural style for homes of this era.
4. The lot size is noted as being below average. How significant is this?
The land area is 2,517 sqft, which is smaller than most lots on the street and in the city. For some, this means less outdoor maintenance. For others, it may limit expansion possibilities or extensive landscaping. It’s a trade-off that contributes to the property’s profile.
5. Where can I find the exact historical sold price?
The listing service provides sold price ranges based on public data. To obtain the exact sold price figures, you must request them directly via the email link provided on the property detail page.